SMEs, according to Oxfam, have the ability to contribute to long-term growth by providing more jobs, greater income, and relevant products and services for people living in poverty, especially small-scale farmers, youth, and women.
We recognize that SMEs require more than just cash to reach their full potential. As a result, Oxfam helps SMEs in Nigeria, Somalia, Uganda, and Vietnam with tailored business development services.
The Project is Still in Progress! By enhancing young people’s skills, developing small and medium companies (SMEs), and providing an enabling environment, the Alliance hopes to unlock the economic potential of young men and women in Nigeria, Egypt, and Somalia, as well as create jobs and drive entrepreneurship.
Oxfam, Venture Capital for Africa (VC4A), Butterfly Works, and IOM are among the alliance’s members.
VC4A Oxfam-EDC SME Impact Program’s Goals and Benefits
Oxfam supports SMEs in Nigeria, Somalia, Uganda, and Vietnam with tailored business development services.
We anticipate that entrepreneurs will contribute a portion of the costs of business development assistance.
- Agriculture (the full value chain), Manufacturing, Women’s Consumer Product Producers, Information and Communication Technology, Renewable Energy, and Recycling.
- Entrepreneurs between ages: 25 – 40 Years
- Annual turnover: N40 million & above
- No of employees: 10 – 250
- Years of existence: At least 2 years
- Counterpart/commitment fee if selected: N75, 000
We choose firms based on an evaluation of their ambitions and financial prospects, as well as the social impact they hope to have in their community. To ensure that corporations execute on the latter, social impact is tracked from the beginning and measured through time.
How to Apply
If you’re interested and qualified, please fill out the form.
Step 1 – Register
Through the web portal, you can create a profile and register.
Step 2 – Complete Application
Log in and click the “Start Application” button on the Start Application Tab on this page once you’ve properly registered. Click the “save and continue” button to return to your application and return at any moment. When you’ve finished your application, click the “Submit” button at the bottom of the page to email it to us.
Step 3 – Stay Up-to-Date
If you have been shortlisted for the next stage of the competition, you will be notified after the closing date. Check the Oxfam Program homepage frequently for updates.
Click here for additional information.
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